Credit Unions Celebrate Volunteer Week

Volunteers are essential to the ongoing development and success of credit unions around the world which is why Credit Unions of Wales is celebrating Volunteers’ Week.
The ethical loans and savings providers rely on the voluntary support of many individuals who play an invaluable role in their decision-making and daily operation.
Volunteers’ Week is a chance to celebrate and say ‘thank you’ for the fantastic contribution millions of volunteers make across the UK.
During the week, hundreds of events take place across the country to illustrate how much organisations like the Credit Unions of Wales depend on voluntary work.
Did you know that:

  • In 2017/18, 20.1 million (38%) people in the UK volunteered formally at least once a year and 11.8 million (22%) of people did so at least once a month
  • ‘Wanting to do good’ is the most common motivation to volunteer. In 2017/18, 46% of people said that they volunteer to improve things and help others.
  • In 2015/16, there were around 166,000 voluntary organisations in the UK, most of which rely on volunteers.
  • In 2015, volunteering was worth more than £22.6bn to the UK economy. This is equivalent to about 1.2% of GDP.
  • 67% of volunteers give their time to charities and community groups, but many others also volunteer in the public and private sector

Credit unions across Wales continually encourage members to come forward and help make a genuine difference to the financial wellbeing of people within their own communities by volunteering.
By recognising their invaluable and diverse contribution, volunteers can help steer the strategic development future of credit unions by standing as a voluntary board member in the AGM.
They can also ensure that the credit union is run in in the interests of all of its members.
The range of board members in credit unions differ in walks of life, professions and experience.
This helps credit unions understand the needs of a wider range of people in the community and develop bespoke services that will benefit them.
As well as helping others, volunteering has been shown to improve volunteers’ wellbeing too.
Volunteering can help people gain valuable new skills and experiences which helps develop a CV and boost their job skills.
It also boosts confidence and helps people realise how valuable they are to an organisation through their voluntary work.
To find out more about becoming a Credit Unions of Wales volunteer contact your nearest credit union at or email

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